Sheldon Jacobs
Sheldon Jacobs
capital funds investors paying reporting taxes worry
Funds have been reporting big losses, so most investors won't have to worry about paying taxes on capital gains.
diligence following fund nobody stayed
Nobody who's following (Steadman) even with cursory diligence would have stayed with the funds, ... No-Load Fund Investor.
fund good hot missed nobody record sell
Nobody is going to be perfect. I would not a sell a fund with a good record just because it missed a hot sector.
benchmark blend fair fund large lower performance rankings
To me, it's more significant that he's in the lower rankings of performance for large blend funds, ... It's more fair to benchmark a fund to that fund's category, not an index.
fund heavy technology
Any fund that's heavy in technology has not done well.
aggressive assets funds growth people percent plenty
There are plenty of funds that have between 25 and 33 percent of their assets in techs. Most people would be better off with that kind of aggressive growth fund,
convenient fund groups money move phone spread
If you want to spread your money around different fund groups this is a convenient way to do it. And if you want to move money from one fund into another, it's just one phone call.
balanced buys fund stocks together
A balanced fund buys stocks and bonds, and when you put the two together it reduces volatility,
company fund groups hands larger research
The larger fund groups all have research analysts. You can't just take what the company hands you.
determined efficient fund managing market niche performance rather
The market is so efficient that the performance of a fund is determined by the niche it's in rather than who's managing it,
close flowing funds gotten large money
Funds close for two reasons. They've gotten too large or there's too much money flowing in.
fortunate returns
I think we'd be very fortunate in 2001 to get returns of 10 percent. Double-digit returns are a thing of the past.
dips far growth quite stocks tend valleys
Over the long run, they go up as far as growth stocks or growth funds, but they tend to do it with a little smoother ride, you don't have quite the same dips and valleys with the value.
following investing people rule totally
The people that are still in (the Steadman funds) just are totally unaware. They are not following their investments, and that's the first rule of investing -- to follow it.